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Property profile & analytics
OFF-MARKET
Estimated value
$1,500,000
Retail space
3531 Rancho Dr Las Vegas, NV 89130-3123
Individually Owned
1-yr Hold
~
Est. High Equity
Property ID
US62-0072503
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1998
Construction
STEEL FRAME
Total area
9,060 SF
Lot
1.07 ac (46,609 SF)
APN
138-12-301-014
UPID
US62-0072503
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Rhino's Turf Equipment – A part of United Rentals (Bike/Boat/Book/etc) Store Garden Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.50M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.50M
Owner & transaction history
Gi Hyung Kim & Christina Kyung Ja K · 1 yrs held
Gi Hyung Kim & Christina Kyung Ja K
since 2024
Last sale
$1.5M
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Las Vegas submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Las Vegas submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$1,500,000
ML approach
$1,500,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.50M
Range $1.35M – $1.65M · ±10% · vs last sale $1.50M (Aug 22 2024)
Last sale anchor
$1.50M
Aug 22 2024
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$166 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$10,064
Tax year 2023
Assessed value
$376,244
Assessed 2024
Previous assessed
$353,436
+6.5% YoY
Effective rate
2.67%
On assessed value
Assessed land
$146,818
Assessed improvement
$229,426
Land market value
$419,480
Improvement market value
$655,503
Total market value
$1,074,983
Applied tax rate
200.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1998
Construction
STEEL FRAME
Heating
HEAT PUMP
Cooling
EVAPORATIVE
Stories
1
Total area
9,060 SF
Lot
1.07 ac (46,609 SF)
APN
138-12-301-014
UPID
US62-0072503
Jurisdiction
CLARK
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1998
Construction
STEEL FRAME
Heating
HEAT PUMP
Cooling
Yes
Stories
1
Lot
1.07 ac
Current owner
From public records · entity-resolved
Gi Hyung Kim & Christina Kyung Ja K
Individual
Mailing address
13727 NOEL RD STE #900, DALLAS, TX 75240-1355
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 22, 2024
$2,400,000
Gi Hyung Kim & Christina Kyung Ja K
United Rentals Realty LLC
Quit Claim Deed
related
$1,000,000 · Open Bank
Jun 1, 2023
$1,500,000
United Rentals Realty LLC
Dfa LLC
Bargain And Sale Deed
—
Aug 31, 2007
$2,100,000
Dfa LLC
Rhine F Preas
Bargain And Sale Deed
$1,680,000 · Bank Midwest NA
Nov 18, 2004
—
Preas Family Trust
Preas,rhine F & Barbara J
Quit Claim Deed
related
—
Sep 27, 1996
$190,000
Rhine F Preas
Horn Co
Grant Deed
$356,576 · First Security Bank Nevada
—
—
Rhine F Preas
—
Deed Of Trust
related
$333,616 · Bankwest Of Nevada
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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